Filing Flows › Signet Jewelers (SIG) › Q1 FY27
Signet Jewelers (SIG) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 2, 2026
Signet Jewelers (SIG) reported revenue of $1.6B for the first quarter fiscal 2027 (Q1 FY27), +0.8% from a year earlier and -34% from the quarter before. Operating margin was 2.4%, net earnings $31.7M (2.0% of revenue).
Signet Jewelers, Q1 FY27: revenue $1.6B (+0.8% year over year), operating margin 2.4%, net earnings $31.7M, operating cash flow −$145M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -34% | +0.8% |
| Gross profit | $556M | -44% | -7% |
| Operating profit | $36.9M | -88% | -23% |
| Net earnings | $31.7M | -87% | -5% |
| Operating cash flow | −$145M | -120% | — |
What changed
Revenue was $1.6B in Q1 FY27, up 1% year over year and down 34% from the previous quarter. Bridal was the largest line at 44% of revenue. Service sales added $0.01B year over year (up 5%), 82% of the total change. Other declined 25%.
Gross margin was 35.8%, down 3.0 points from Q1 FY26. Operating profit was $0.04B, a 2.4% margin (down 0.7 points year over year). Operating profit fell $0.01B even though revenue rose $0.01B versus Q1 FY26, so costs grew faster than sales. Operating expenses fell 6% while revenue rose 1%. Net earnings were $0.03B, down 5% year over year. The effective tax rate was 22.3%.
Operating cash flow was −$0.14B. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.22B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.17B.
Questions
What was Signet Jewelers' revenue in the first quarter fiscal 2027?
Signet Jewelers (SIG) reported revenue of $1.6B for the first quarter fiscal 2027 (Q1 FY27), +0.8% from a year earlier and -34% from the quarter before.
Was Signet Jewelers profitable in the first quarter fiscal 2027?
Operating profit was $36.9M (2.4% of revenue) and net earnings $31.7M.
Source: Signet Jewelers 10-Q on SEC EDGAR.